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New Jersey officials petition US Supreme Court over prediction markets

New Jersey officials petition US Supreme Court over prediction marketsWorldPing

New Jersey’s Attorney General and gaming authorities filed a petition for a writ of certiorari to the US Supreme Court over Kalshi offering sporting event contracts to residents.

This is a short WorldPing brief. The full report was published by Cointelegraph.

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New Jersey asks Supreme Court to resolve fight over Kalshi's futureWorldPing
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New Jersey asks Supreme Court to resolve fight over Kalshi's future

If the high court accepts the petition, it would tee up a case with sweeping implications for prediction markets, an industry that has unleashed billions of dollars of betting across nearly every aspect of modern life.

Brief by WorldPing · Original reporting by NPR Top